Consider the Actual and Forecast Values Contained in the Table

question 107

Multiple Choice

Consider the actual and forecast values contained in the table. What is the MAPE of the forecast?

• A)2.92%
• B)3.08%
• C)3.17%
• D)3.26%

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Definitions:

Common Stockholders

Individuals or entities that own a portion of a corporation's equity and have voting rights based on their share ownership.

Shares Outstanding

The total number of shares of a company's stock that are currently owned by investors, including those held by the public as well as restricted shares owned by the company's insiders and employees.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock on the open market.

Cash Dividend

The distribution of some of a company's earnings to its shareholders as determined by the company's board of directors.